v3.26.3
Condensed Consolidated Statements of Operations (Unaudited) - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended 9 Months Ended
Sep. 30, 2026
Sep. 30, 2025
Sep. 30, 2026
Sep. 30, 2025
Revenues:        
Total revenues $ 691,558 $ 663,665 $ 1,984,318 $ 1,943,393
Operating expenses:        
Total segment expenses 464,817 458,637 1,349,381 1,320,861
Depreciation and amortization 105,666 88,023 300,257 267,467
Selling, general, and administrative 63,487 70,982 197,670 207,124
Transactions, strategic initiatives and other costs, net 32,208 29,052 81,123 77,692
Impairment of long-lived assets 4,623 77 314,195 5,303
Total operating expenses 682,398 646,771 2,254,223 1,878,447
Net gain (loss) from sale of real estate (12,126) 143 (17,647) (11,617)
Gain on contribution of real estate assets (721,381) 0 (721,381) 0
Operating income 742,667 16,751 469,123 76,563
Other (expense) income:        
Interest expense (41,971) (33,931) (125,790) (108,293)
Loss from investments in partially owned entities (2,398) (41) (3,330) (1,739)
Other, net (1,240) (477) 13,071 6,594
Income (loss) before income taxes 697,058 (17,698) 353,074 (26,875)
Income tax (expense) benefit        
Current income tax (9,542) (136) (13,998) (4,064)
Deferred income tax 3,020 6,385 (8,692) 4,567
Total income tax (expense) benefit (6,522) 6,249 (22,690) 503
Net income (loss) 690,536 (11,449) 330,384 (26,372)
Net income (loss) attributable to noncontrolling interests 7,177 (83) 3,392 (165)
Net income (loss) attributable to Americold Realty Trust, Inc. $ 683,359 $ (11,366) $ 326,992 $ (26,207)
Weighted average common stock outstanding – basic (in shares) 286,625 285,898 286,590 285,622
Weighted average common stock outstanding – diluted (in shares) 287,670 285,898 287,188 285,622
Net income (loss) per common share - basic (in USD per share) $ 2.38 $ (0.04) $ 1.14 $ (0.09)
Net income (loss) per common share - diluted (in USD per share) $ 2.38 $ (0.04) $ 1.14 $ (0.09)
Joint Venture Related Management Fee And Reimbursed Costs        
Revenues:        
Total revenues $ 13,058 $ 0 $ 13,058 $ 0
Operating expenses:        
Total segment expenses 11,597 0 11,597 0
Joint venture related reimbursed costs 11,597 0 11,597 0
Rent, storage, and warehouse services        
Operating expenses:        
Total segment expenses 412,067 418,530 1,205,112 1,204,660
Transportation services cost of operations        
Operating expenses:        
Total segment expenses 52,750 40,107 144,269 116,201
Operating Segments        
Revenues:        
Total revenues 678,500 663,665 1,971,260 1,943,393
Operating Segments | Rent, storage, and warehouse services        
Revenues:        
Total revenues 616,283 615,822 1,797,769 1,803,460
Operating Segments | Transportation services cost of operations        
Revenues:        
Total revenues $ 62,217 $ 47,843 $ 173,491 $ 139,933